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  • #12,461
  • Oct 15, 2019 8:55am Oct 15, 2019 8:55am
I see.

Thank you for explanation. I must agree that in shorter timeframes when your mentioned sudden moves occur SL is there for these cases. I do not post losses because first you need to show people that is possible to win (change setup in their minds) losers come with it of course. But think about it if you will just show thread with losses nobody will even take care about it and that will be the shame afterall. Just my point of view.

MH
  • #12,462
  • Oct 15, 2019 9:33am Oct 15, 2019 9:33am
Quoting FxMachina
{quote} Hi ssppiikkyy, Thanks for your answer. After posting my question, I analysed more, and read more of the thread and started realising it would be somethinbg like you answered. My system has a lot of similarities to what is on this thread, and I was (am) trying to see what exactly triggers the entry here. It seems to be some price action patterns. But I am reading more about this system, and probably will get back to the thread later. Thank you.
No worries! I read somewhere where Strat mentioned that these 2 threads are all you need and I have to agree. I'm learning tons, but yet at the same time know that being enlightened about something doesn't necessary mean that its a functional part of how you trade. Guess that's why trading and posting really helps in the learning process. I'll post more and will welcome any feedback.
  • #12,463
  • Edited 9:44am Oct 15, 2019 9:33am | Edited 9:44am
Quoting darko2010
{quote} Don't worry about me, I am doing ok. But I fear you are missing the point, I am not blaming the market, I am just trying to make sure no one feels isolated if they are incurring losses as this type of market structure comes and goes. Most charts posted here are winners, I wish they were more losers so that we could help them without making them feel incompetent, I know I had my share at the beginning Trade safe
Thanks for sharing darko2010. I was wondering whether that was the case, that the market is now so erratic, or whether its because I'm still so new at PASR that I'm barely making any trades at all and feel like I'm stagnant in my growth. I reckon both have a part to play but that's why patience & discipline are so important, as Strat and many others have constantly been reiterating.
  • #12,464
  • Oct 15, 2019 2:16pm Oct 15, 2019 2:16pm
GBPUSD PASR

3/4 of the Boss ""W" in place

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15 YEARS OF PASR ON FOREX FACTORY!
  • #12,465
  • Oct 16, 2019 12:27am Oct 16, 2019 12:27am
Pretty sure this is going to hit my stop loss, in retrospect I traded this directly into the boss 20ema.

Been doing some thinking about life recently, and thinking it might be time to walk away. I'm waiting until the end of the year for a couple of things I have to do to be done. I'd like to have trading as a source of income, but maybe it's time to just jump and see where I land. Worry about this stuff sometime down the track.

Bloody hard to leave it all behind though.
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  • #12,466
  • Oct 16, 2019 2:35am Oct 16, 2019 2:35am
Quoting Rub
Pretty sure this is going to hit my stop loss, in retrospect I traded this directly into the boss 20ema. Been doing some thinking about life recently, and thinking it might be time to walk away. I'm waiting until the end of the year for a couple of things I have to do to be done. I'd like to have trading as a source of income, but maybe it's time to just jump and see where I land. Worry about this stuff sometime down the track. Bloody hard to leave it all behind though. {image}
Hey buddy, i understand your dilema. i gave up on this method ages ago...too arbitrary...too unreliable...if people make it work good for them.
i went back to a simple method, which was used when i was in the pits..
it's simple, repeatable, but still not easy..pm me if you want some details..
sometimes a break is the best thing though..
  • #12,467
  • Oct 16, 2019 2:55am Oct 16, 2019 2:55am
Quoting brody55
{quote} Hey buddy, i understand your dilema. i gave up on this method ages ago...too arbitrary...too unreliable...if people make it work good for them. i went back to a simple method, which was used when i was in the pits.. it's simple, repeatable, but still not easy..pm me if you want some details.. sometimes a break is the best thing though..
People amaze me everyday
have fun
  • #12,468
  • Oct 16, 2019 3:19am Oct 16, 2019 3:19am
Quoting brody55
{quote} Hey buddy, i understand your dilema. i gave up on this method ages ago...too arbitrary...too unreliable...if people make it work good for them. i went back to a simple method, which was used when i was in the pits.. it's simple, repeatable, but still not easy..pm me if you want some details.. sometimes a break is the best thing though..
I don‘t really get your point about what shouldn‘t work about PASR.
if you still searching for the holy grail - good luck.

i found my holy grail i guess:
it‘s the process of getting my trading psychology under control.

when i fuck up with (a series of trades) with PASR it has everytime been my own fault because i didn‘t have my emotions under control (increading losses by adding into positions without signals, moving SL etc.)

good luck
https://twitter.com/BeauBuyer
  • #12,469
  • Oct 16, 2019 5:08am Oct 16, 2019 5:08am
Quoting Rub
Pretty sure this is going to hit my stop loss, in retrospect I traded this directly into the boss 20ema. Been doing some thinking about life recently, and thinking it might be time to walk away. I'm waiting until the end of the year for a couple of things I have to do to be done. I'd like to have trading as a source of income, but maybe it's time to just jump and see where I land. Worry about this stuff sometime down the track. Bloody hard to leave it all behind though. {image}
It was a good entry. If your SL is around 71.50, you should be fine, and if you get stopped, so be it.
The main thing is that you followed your rules and that, in the long term, you win more often than you lose
  • #12,470
  • Oct 16, 2019 7:55am Oct 16, 2019 7:55am
Quoting Rub
Pretty sure this is going to hit my stop loss, in retrospect I traded this directly into the boss 20ema. Been doing some thinking about life recently, and thinking it might be time to walk away. I'm waiting until the end of the year for a couple of things I have to do to be done. I'd like to have trading as a source of income, but maybe it's time to just jump and see where I land. Worry about this stuff sometime down the track. Bloody hard to leave it all behind though. {image}
Persevere if you can. Go back to the daily even though it seems boring sometimes! I got overconfident and lost on H4, the best move I've made is going back to basics on the daily.

To S/R:

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  • #12,471
  • Oct 16, 2019 8:53am Oct 16, 2019 8:53am
Quoting ixam23
{quote} I don‘t really get your point about what shouldn‘t work about PASR. if you still searching for the holy grail - good luck. i found my holy grail i guess: it‘s the process of getting my trading psychology under control. when i fuck up with (a series of trades) with PASR it has everytime been my own fault because i didn‘t have my emotions under control (increading losses by adding into positions without signals, moving SL etc.) good luck
That is the point. Even if the trades are not perfect, the results will still be much better with a stable mindset and avoiding all the impulsive actions. For me, this is far more important to achieve than the number one technical method, because I know many PA methods work. But only one state of mind works.
Fix up, trade sharp ...
  • #12,472
  • Oct 16, 2019 11:47am Oct 16, 2019 11:47am
PASR

Quoting darko2010
{quote} Don't worry about me, I am doing ok. But I fear you are missing the point, I am not blaming the market, I am just trying to make sure no one feels isolated if they are incurring losses as this type of market structure comes and goes. Most charts posted here are winners, I wish they were more losers so that we could help them without making them feel incompetent, I know I had my share at the beginning Trade safe
Hi Arno, good to see you are still around. I just could not resist a reply to your posts - sorry.

Most charts posted here are winners, I wish they were more losers so that we could help them without making them feel incompetent,

You want losers? - here are mine for all of September:

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Losers to date in October:

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All were ""Scouts"" which are as insignificant as fly shit in a pepper pot compared to my winners.

I don't have much trading experience, but this is so far the worst environment I have seen on FX, metals and indices.
I am sure some will show me great charts with carefully selected timeframes and, thanks to hindsight, tell me such and such move was obvious, but the fact is that it isn't.

Arno, you have got it all upside down and inside out, mon ami. The Brexit nonsense is absolutely the best time ever especially for M1 and M5 trading and some on M15. So much so that I only watch and trade GBP pairs now and mainly GBPUSD as the pip value is much more than GBPNZD which is more volatile. I don't want Brexit to be settled, I wish it could go on ad infinitum.

Trump with his fake trade war, Brexit fake rumours and the central banks going for negative rates have truly rigged the environment. It's not just the retail investor who is lost, so are institutional investors. It's now risk on/off several times a week.

And it is creating a trading environment where, when you know what you are doing, allows you trade one direction and then immediately profitably trade the reverse direction. It is almost "stealing"

A single tweet now moves market against PA and worse, its effect is not even guaranteed as its influence fluctuates depending on market "sentiment".

And long may they continue to "tweet"!

Arno, instead of "fighting" the current trading environment, study it, learn it, get in sync with it, dance with it and then trade with it BUT keep your head, emotions, logic and thinking OUT of it.

Ciao
15 YEARS OF PASR ON FOREX FACTORY!
  • #12,473
  • Oct 16, 2019 1:11pm Oct 16, 2019 1:11pm
Quoting strat
PASR {quote} Hi Arno, good to see you are still around. I just could not resist a reply to your posts - sorry. Most charts posted here are winners, I wish they were more losers so that we could help them without making them feel incompetent, You want losers? - here are mine for all of September: {image} Losers to date in October: {image} {image} {image} All were ""Scouts"" which are as insignificant as fly shit in a pepper pot compared to my winners. I don't have much trading experience, but this is so far the worst environment I have seen on FX,...
Strat, it's all very nice in theory, I wish you continued success.
  • #12,474
  • Oct 16, 2019 4:12pm Oct 16, 2019 4:12pm
Quoting bistolis
{quote} People amaze me everyday have fun
i guess that's why you're still posting and studying on public forums after all these years.
Have fun?? you're in the wrong arena chum..this is a business.. guess thats why you and a lot on here will still be posting, wanting your hand held, when i next look at this forum..
still wondering why your trade failed...was the nose too long, was i too far away from the ma's, was i trading direct into s and r, did i pull the fib incorrectly, am i inside a wcc, did i forget to check longer timeframe.. good luck resolving all those variables..lol
here's a novel idea.. instead of trying try predict price action,trying to predict the future, why not react to price action??
you wouldn't have a clue..have fun, i'll keep taking your money..
i'd already banked my daily target when i posted..jog on fella...

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  • #12,475
  • Oct 16, 2019 4:23pm Oct 16, 2019 4:23pm
Quoting ixam23
{quote} I don‘t really get your point about what shouldn‘t work about PASR. if you still searching for the holy grail - good luck. i found my holy grail i guess: it‘s the process of getting my trading psychology under control. when i fuck up with (a series of trades) with PASR it has everytime been my own fault because i didn‘t have my emotions under control (increading losses by adding into positions without signals, moving SL etc.) good luck
good man, it's the battle between your ears which is the most important thing....
not the trading method....thousand ways to skin a cat...
the more variables.. the more i get confused..maybe just me
simple, repeatable, and requiring reaction to the mkt.. not predicting...i don't have a glass ball..lets call doris stokes and all hold hands..
i've posted todays copper chart already..here's yesterdays last trade... s and p trade 2.30pm uk time ....i wonder why.. oh, i also traded crude oil at 2.00pm uk time...also gold at 12.20pm uk time...i wonder why.. i trade timeframes too...copper and dax 8.00am..i wonder why..
good luck, trade well all.....simply pointing out sometimes the shorter time frames are tradeable, and profitable...pick ur poison....laters
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  • #12,476
  • Edited 6:20am Oct 17, 2019 4:17am | Edited 6:20am
Hi everyone, my first post here. I have been searching for the holly grail for a while, finally came across this thread. I have read and backtested few trades using PASR, got rid off all my indicators and starting fresh. Being in Australia and trading after work doesnt allow me to put trades straight after NY close, so i took a sell on EURCAD on 11/10 by the time i looked at the chart price crossed the shooting star so entered on the next trend candle, today got stopped out.
Could yoy guys help me, was my entry late? Did i set SL too close? Or was it something else. However big boss is crossing down, boss already in a downtrend.
Any comments would be much appreciated.
  • #12,477
  • Oct 17, 2019 5:02am Oct 17, 2019 5:02am
Quoting brody55
{quote} i guess that's why you're still posting and studying on public forums after all these years. Have fun?? you're in the wrong arena chum..this is a business.. guess thats why you and a lot on here will still be posting, wanting your hand held, when i next look at this forum.. still wondering why your trade failed...was the nose too long, was i too far away from the ma's, was i trading direct into s and r, did i pull the fib incorrectly, am i inside a wcc, did i forget to check longer timeframe.. good luck resolving all those variables..lol...
good for you
have fun
  • #12,478
  • Oct 17, 2019 7:26am Oct 17, 2019 7:26am
Quoting Max333
Hi everyone, my first post here. I have been searching for the holly grail for a while, finally came across this thread. I have read and backtested few trades using PASR, got rid off all my indicators and starting fresh. Being in Australia and trading after work doesnt allow me to put trades straight after NY close, so i took a sell on EURCAD on 11/10 by the time i looked at the chart price crossed the shooting star so entered on the next trend candle, today got stopped out. Could yoy guys help me, was my entry late? Did i set SL too close? Or was...
Can you post your chart? I suspect incorrect SL placement because on my chart the signal bar wasn't taken out yet.
  • #12,479
  • Oct 17, 2019 11:00am Oct 17, 2019 11:00am
I know the question was already raised here, but can someone point me to a free charting site with the correct daily close time (5pm ET)?
Thanks
  • #12,480
  • Oct 17, 2019 2:39pm Oct 17, 2019 2:39pm
Quoting tommyFL
{quote} Can you post your chart? I suspect incorrect SL placement because on my chart the signal bar wasn't taken out yet.
Sorry not sure why wasnt uploaded, here is my chart and my entry marked with an arrow. Thank you

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